After negotiations with the company, IBEW 1245 and PG&E have reached a deal that we believe will provide much-needed stability for our members through 2025. This four-year agreement that follows our two-year contract extension contains notable improvements to wages with no concessions. The end result is that our members will be coming out of the bankruptcy in a significantly better economic position compared to where we were at the start of the Chapter 11 filing – something that, to our knowledge, has never happened before in the history of American bankruptcy filings.
The package we’ve secured for our members was no gift from the company. It is the result of many months of hard work and tireless effort, and it never would have happened without the political power we’ve amassed and leveraged in Sacramento and beyond. We want to acknowledge each and every member who has helped us build this power, and we also want to recognize the support we’ve received from Gov. Newsom, who has insisted that any reorganization plan for PG&E must treat PG&E’s union-represented employees well.
After nearly three decades of increasing instability, we are pleased to have secured a deal that will allow our members to have the peace of mind they deserve, so they can focus on doing their work safely and effectively as the utility gets back on its feet. For regulatory reasons, we cannot yet reveal the details of this deal as it is part of the Chapter 11 proceedings, but as soon as we are able, we will be sharing more information on our website, via email, and in our union newspaper.
–Tom Dalzell, IBEW 1245 Business Manager